Sharplink CEO: ETH Treasury is diverging from the Strategy model, focusing on staking and a streamlined balance sheet.

CoinFeed reported on May 15th, citing The Block, that Sharplink CEO Joseph Chalom stated that Ethereum treasury companies are shifting away from the Strategy and Michael Saylor models, focusing on staking revenue and simpler balance sheets rather than complex funding structures. Chalom believes that only a few Ethereum treasury companies survive market downturns. He stated that Ethereum treasury companies can generate returns directly from their holdings, rather than relying excessively on leverage or complex funding structures, contrasting with Strategy's model.